tag:blogger.com,1999:blog-3972382144120426476.post80976353545707940..comments2024-03-28T07:48:39.396-05:00Comments on Every goddamn day: 03/28/24: And no, there are no actual coins....Neil Steinberghttp://www.blogger.com/profile/11468057838260476480noreply@blogger.comBlogger34125tag:blogger.com,1999:blog-3972382144120426476.post-76381500400180407482015-05-15T09:22:05.541-05:002015-05-15T09:22:05.541-05:00Never put all your eggs in one account. Bitcoin is...Never put all your eggs in one account. Bitcoin is just an alternate container for me.Anonymoushttps://www.blogger.com/profile/13877137208397390419noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-89616511784662502952015-05-15T09:14:13.579-05:002015-05-15T09:14:13.579-05:00And when you plug in your flash drive and the comp...And when you plug in your flash drive and the computer basically says "Huh?", and you're left with no way to pay for your daiquiris, I'm sure you'll find that equally amusing.Bitter Scribenoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-64609979317871609452015-05-15T08:49:35.665-05:002015-05-15T08:49:35.665-05:00"That could disappear tomorrow". You mea..."That could disappear tomorrow". You mean kind of like your retirement account when the politicians can no longer resist the temptation to get their hands on it? I'll try not to laugh too hard when I'm on a beach in the Bahamas with a nest-egg on my flash drive.Anonymoushttps://www.blogger.com/profile/13877137208397390419noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-54221842142654991672015-05-15T07:36:28.338-05:002015-05-15T07:36:28.338-05:00Yes, I am an Ex-Pert. My Perting days are over. I ...Yes, I am an Ex-Pert. My Perting days are over. I have no need for tender, legal or cyber. Nor tenderness. Shit, I can't even have sex, just an occasional lube job! Oil Can! In that regard, I am just like Republican legislators and TV ministers, unless you count anonymous encounters they have in airport restroom stalls. Robbie the Robotnoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-27244868041759779582015-05-14T20:36:40.089-05:002015-05-14T20:36:40.089-05:00Well said, Gary and Scribe.Well said, Gary and Scribe.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-29291895874812945882015-05-14T18:35:57.780-05:002015-05-14T18:35:57.780-05:00Bitcoin: A completely unregulated financial system...Bitcoin: A completely unregulated financial system with units of currency created by computer algorithms no one can understand, subject to insane fluctuations for no reason at all, that could disappear tomorrow.<br /><br />Pass.Bitter Scribenoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-31999795748274920432015-05-14T18:03:04.915-05:002015-05-14T18:03:04.915-05:00Before we get too exercised about possible fraud i...Before we get too exercised about possible fraud in the use of online money transactions, we should focus on the actual fraud by the big banks who used real money transactions to perpetrate the biggest financial collapse in US history. Sure they paid big fines. And where did the actual (not virtual) money for those fines come from? Us. Who at Barclays, or B of A, or Citi, or Goldman, or any of the others, went to jail? No one.Garynoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-38108872728394753702015-05-14T17:26:38.541-05:002015-05-14T17:26:38.541-05:00Arrogant people rule! For anyone interested in lea...Arrogant people rule! For anyone interested in learning the basics of monetary theory, read "Money Mischief" by Milton Friedman, available at the Chicago Public Library. The fraud Mr. Clark St. refers to, stems from the use of unreliable third parties to clear transactions. For more accurate information visit the <a href="https://bitcoin.org/en/getting-started" rel="nofollow">Bitcoin</a> website.Berniehttps://www.blogger.com/profile/17157600812959885192noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-2107021101546187512015-05-14T17:24:08.355-05:002015-05-14T17:24:08.355-05:00This comment has been removed by the author.Berniehttps://www.blogger.com/profile/17157600812959885192noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-20159538015749908642015-05-14T17:22:51.166-05:002015-05-14T17:22:51.166-05:00This comment has been removed by the author.Berniehttps://www.blogger.com/profile/17157600812959885192noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-38137728341439302172015-05-14T16:06:24.876-05:002015-05-14T16:06:24.876-05:00A few adjustments to the way credit/debit cards wo...A few adjustments to the way credit/debit cards work and we'd be free of the national currencies, for better or worse.<br /><br />johntatehttps://www.blogger.com/profile/10088632798195131329noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-79925940708575920782015-05-14T16:05:52.804-05:002015-05-14T16:05:52.804-05:00I'm still waiting for Robbie the Robot to comm...I'm still waiting for Robbie the Robot to comment. I figure he's the real expert.Anonymoushttps://www.blogger.com/profile/13877137208397390419noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-71040918124481777782015-05-14T15:57:03.552-05:002015-05-14T15:57:03.552-05:00Well excuse those who haven't had 25 yrs. expe...Well excuse those who haven't had 25 yrs. experience in currency trading, PHillipe. How arrogant indeed! Who made you judge and jury? I suppose you are an expert on most things. I didn't know this blog was only for "experts" on the matter at hand. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-17228079570521647772015-05-14T15:25:26.572-05:002015-05-14T15:25:26.572-05:00Most of the posters here have no idea what they...Most of the posters here have no idea what they're talking about, merely projecting their political biases on a cryptographic computer application that they don't understand. Encyclical is almost right, in that all currency is only worth anything because users believe it is. As a 25-year-plus professional currency trader, I see Bitcoin as an important innovation that is probably a lot closer to what we will be using in the future than national fiat currencies.Anonymoushttps://www.blogger.com/profile/13877137208397390419noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-14186071489323804672015-05-14T14:45:35.985-05:002015-05-14T14:45:35.985-05:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/13877137208397390419noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-16001411031361661392015-05-14T14:43:37.254-05:002015-05-14T14:43:37.254-05:00This comment has been removed by the author.Anonymoushttps://www.blogger.com/profile/13877137208397390419noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-82641987675735790222015-05-14T13:26:07.799-05:002015-05-14T13:26:07.799-05:00I think one of the big problems people have with B...I think one of the big problems people have with BitCoin is how the ephemeral nature of this currency is right out in the open -- it's only worth something because enough people choose to act as if it's worth something. This is true of currency in general, but in this case the lack of an underwriting nation-state or a backing financial institution lays that aspect bare in alarming fashion. It's not as if all those ones and zeros in the servers of the major financial institutions are any more "real" than BitCoins, but when you say "bank" most people still picture a building and not a server farm; it's harder to imagine a building just vanishing into thin air than it is to picture a computer crashing and losing all your ones and zeros.Encyclicalhttp://en.wikipedia.org/wiki/Texas_dollarnoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-14336600534908488982015-05-14T12:34:18.352-05:002015-05-14T12:34:18.352-05:00I suspect there is a large overlap between BitCoin...I suspect there is a large overlap between BitCoin enthusiasts and those advocating for a return to the gold standard (which I try to politely refer to as "tin-foil-hat-adjacent").Chris with an Hnoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-55887812480734044302015-05-14T11:54:17.969-05:002015-05-14T11:54:17.969-05:00Tea party= grimace.Tea party= grimace.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-63385113691961433962015-05-14T11:26:49.905-05:002015-05-14T11:26:49.905-05:00I'll sure hate it if those "gold, nothing...I'll sure hate it if those "gold, nothing but gold" uber tea party Constitutionalists end up having been right.Anon-not-Anonnoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-71366976230666408612015-05-14T11:07:52.214-05:002015-05-14T11:07:52.214-05:00Seems to me the downside potential of funny money ...Seems to me the downside potential of funny money outweighs the upside opportunities, unless of course you're interested in express money laundering services. And if big banks decide to jump into the pool, watch out for a giant financial tsunami.<br /><br />john tatehttps://www.blogger.com/profile/10088632798195131329noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-26117446940554063612015-05-14T11:07:34.052-05:002015-05-14T11:07:34.052-05:00I couldn't remember the way the Mt. Gox name c...I couldn't remember the way the Mt. Gox name came about. It means "Magic: The Gathering Online eXchange", which is from one of those idiotic card games like Dungeons & Dragons.<br />That's the mentality of Bitcoin users & promoters.Clark St.https://www.blogger.com/profile/09634234069783123180noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-13038502210568306972015-05-14T10:51:14.465-05:002015-05-14T10:51:14.465-05:00I'm not scared of the Chinese, at all. I embra...I'm not scared of the Chinese, at all. I embrace international commerce. It's American politicians and technocrats that scare me. I have no faith in them.Anonymoushttps://www.blogger.com/profile/13877137208397390419noreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-16451879574095420102015-05-14T09:26:50.481-05:002015-05-14T09:26:50.481-05:00Tom, that's clever. Reminds me also of my hs m...Tom, that's clever. Reminds me also of my hs mythology class.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3972382144120426476.post-28949402547250570152015-05-14T09:25:59.378-05:002015-05-14T09:25:59.378-05:00Phillipe, don't let the Chinese scare you. You...Phillipe, don't let the Chinese scare you. You can rely on the American dollar.Anonymousnoreply@blogger.com